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A&D - EQT eyes divestments as debt reduction takes center stage - March 2020
EQT Corp. confirmed in its 2019 earnings presentation Feb. 27 that it is seeking to monetize some Appalachian Basin assets by mid-2020 as part of a plan to reduce its $5.2 billion debt by 30%. The company is marketing mineral assets covering 50,000 core fee acres with average 8/8ths NRI of 83% in Pennsylvania and 85% in West Virginia. It also aims to divest unspecified upstream properties producing 600 MMcfe/d as of Jan. 31,......
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